Wilmington, DE Housing Market & Real Estate Update (Feb. 26, 2026)
Wilmington, DE – February 26, 2026 – January sales data points to higher prices alongside longer selling times, with inventory and rents holding fairly steady.
Market signals in ZIP/city coverage are mixed: prices are up year over year, but homes are taking longer to sell as buyers balance rates and affordability.
What January 2026 data shows
- Median sale price: $245K (+7.5% YoY).
- Average time to sell: 42 days.
- Closed sales: 63 in January (vs. 75 a year earlier).
- For-sale supply (Zillow as of Jan 31): 429 homes listed, including 152 new listings added during the month.
Rentals & pricing watch
Zillow’s observed rent metric lists average asking rent at $1,739 (through Jan 31, 2026). Zillow also reports a typical home value of $319,314 (+2.7% over the past year), with homes going pending in about 12 days.
Development & zoning watch
The city calendar lists a Zoning Board of Adjustment meeting held on Feb. 9, 2026. Reviewing upcoming agendas and posted minutes can help surface variance requests and smaller infill proposals that may affect nearby blocks over time.